Professional
Added to YB: 2024-04-29
Pitch date: 2024-03-31
ADS.F [bullish]
adidas AG
-24.04%
current return
Author Info
No bio for this author
Company Info
adidas AG, together with its subsidiaries, designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally.
Market Cap
EUR 26.6B
Pitch Price
EUR 204.39
Price Target
N/A
Dividend
1.34%
EV/EBITDA
10.22
P/E
21.98
EV/Sales
1.27
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Artisan Global Opportunities Fund New Portfolio Holding: Adidas AG
Adidas (ADS.F): Global #1-2 sportswear facing inventory & Yeezy headwinds, but industry growing mid-single digits on health/casualization trends. New CEO Bjorn Gulden a change agent with shares down, providing attractive entry point for long-term growth.
Read full article (1 min)